Page 91 - DCICAI SOUVENIR 2018

STUDENT’S PAGE

PATHWAY TO BECOME

CHARTERED ACCOUNTANT

Chartered accountancy is the core of all business, be it big or small. A chartered accountant’s work
involves auditing, taxation, accounting and financial planning. It can be a very challenging and
rewarding job.

Career prospects after doing chartered accountancy are exciting. Chartered accountancy can be
the first step to other rewarding careers in finance, investment consultancy and fund management.

The ICAI has recently revised its Scheme of Education and Training. The Scheme has become
applicable from 1st July 2017. The first examination under the New Scheme will be held in May
2018. The Revised Scheme is as under:

Revised Scheme of Education and Training
Revised Scheme: Route I - Foundation Course

Under the Foundation Course Route, the following steps are required:
• Register with Board of Studies (BoS) after appearing in Class XII examination.
• Appear for Foundation examination after four months of study period. The first Foundation
examination can be taken in November/May, as applicable, following passing of Class
XII examination.
• Qualify Foundation Course.
• Register with the BoS for the Intermediate Course. (*)
• Complete 8 months of study course.
• Appear and Pass in either or both Groups of Intermediate Course.
• Successfully complete Four Weeks Integrated Course on Information Technology and
Soft Skills (ICITSS) before commencement of the practical training.
• Register for Three Years Practical Training on passing either or both the Groups of
Intermedi ate.
• Register for the Final Course after qualifying both the Groups of Intermediate Course.
• Successfully complete Four Weeks Advanced ICITSS during the last two years of
Practical Training.
• Appear in Final examination during last six months of practical training.
• Complete Practical Training
• Become Member.

Revised Scheme: Route II – Direct Entry Route
The ICAI allows Commerce Graduates/Post-Graduates (with minimum 55% marks) or Other
Graduates/ Post-Graduates (with minimum 60% marks) and Intermediate level passed students of
Institute of Company Secretaries of India and Institute of Cost Accountants of India to enter directly
to its Intermediate Course. (*)

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